ROYAL 800: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ROYAL 800
Largest movements
- Cash -€1.5m
down €1.5m (-95.5%), from €1.6m to €73,785
mainly Trade debts (-€1.2m) and Contributions, distributions and other (-€800,000)
- Stocks and contracts -€617,877
down €617,877 (-46.9%), from €1.3m to €698,683
- Receivables within one year +€225,674
up €225,674 (+76.5%), from €294,901 to €520,575
of which Other amounts receivable: +€511,650
- Trade debts -€1.2m
down €1.2m (-85.8%), from €1.4m to €197,396
- Profit (loss) carried forward -€771,886
down €771,886 (-47.4%), from €1.6m to €857,176
- Other debts +€147,835
up €147,835 (+200%), from €73,841 to €221,676
- Tax, wage and social debts -€124,431
down €124,431 (-100%), from €124,431 to €0
- Gross operating margin -€1.3m
down €1.3m (-98.7%), from €1.3m to €16,885
- Taxes -€313,151
down €313,151 (-97.1%), from €322,492 to €9,341
- Financial charges -€20,678
down €20,678 (-73.0%), from €28,344 to €7,666
- Financial income +€13,832
up €13,832 (+89.1%), from €15,531 to €29,362
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,233,184 | €1,296,249 | -€1.9m | -59.9% |
| Current assets | 29/58 | €3,233,184 | €1,296,249 | -€1.9m | -59.9% |
| Stocks and contracts in progress | 3 | €1,316,560 | €698,683 | -€617,877 | -46.9% |
| Stocks | 30/36 | €1,316,560 | €698,683 | -€617,877 | -46.9% |
| Amounts receivable within one year | 40/41 | €294,901 | €520,575 | +€225,674 | +76.5% |
| Trade receivables | 40 | €286,261 | €286 | -€285,975 | -99.9% |
| Other amounts receivable | 41 | €8,640 | €520,290 | +€511,650 | +5,922% |
| Cash at bank and in hand | 54/58 | €1,621,723 | €73,785 | -€1.5m | -95.5% |
| Deferred charges and accrued income | 490/1 | - | €3,205 | +€3,205 | |
| Total equity and liabilities | 10/49 | €3,233,184 | €1,296,249 | -€1.9m | -59.9% |
| Equity | 10/15 | €1,649,063 | €877,176 | -€771,886 | -46.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,629,063 | €857,176 | -€771,886 | -47.4% |
| Amounts payable | 17/49 | €1,584,121 | €419,072 | -€1.2m | -73.5% |
| Amounts payable within one year | 42/48 | €1,584,121 | €419,072 | -€1.2m | -73.5% |
| Trade debts | 44 | €1,385,850 | €197,396 | -€1.2m | -85.8% |
| Suppliers | 440/4 | €1,385,850 | €197,396 | -€1.2m | -85.8% |
| Taxes, remuneration and social security | 45 | €124,431 | €0 | -€124,431 | -100% |
| Taxes | 450/3 | €124,431 | €0 | -€124,431 | -100% |
| Other amounts payable | 47/48 | €73,841 | €221,676 | +€147,835 | +200% |
| Other operating charges | 640/8 | €1,927 | €1,126 | -€801 | -41.5% |
| Gross operating margin | 9900 | €1,290,941 | €16,885 | -€1.3m | -98.7% |
| Operating profit (loss) | 9901 | €1,289,014 | €15,758 | -€1.3m | -98.8% |
| Financial income | 75/76B | €15,531 | €29,362 | +€13,832 | +89.1% |
| Recurring financial income | 75 | €15,531 | €29,362 | +€13,832 | +89.1% |
| Financial charges | 65/66B | €28,344 | €7,666 | -€20,678 | -73.0% |
| Recurring financial charges | 65 | €28,344 | €7,666 | -€20,678 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | €1,276,201 | €37,455 | -€1.2m | -97.1% |
| Income taxes | 67/77 | €322,492 | €9,341 | -€313,151 | -97.1% |
| Profit (loss) for the period | 9904 | €953,709 | €28,114 | -€925,596 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €953,709 | €28,114 | -€925,596 | -97.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.